$RAYSOL 24-hour low, current price 1.7418, previous low 1.7511.
After making a new low, it generally takes one of three paths:
① Bounces back to the previous low, then falls again: the decline continues
② Moves sideways near the previous low: consolidation, direction still unclear
③ Quickly recovers the previous low and holds above it: a false breakdown
It is currently below the previous low, so first watch whether it follows ① or ②.
#RAYSOL
This is just a market update. Please make your own trading decisions.
After making a new low, it generally takes one of three paths:
① Bounces back to the previous low, then falls again: the decline continues
② Moves sideways near the previous low: consolidation, direction still unclear
③ Quickly recovers the previous low and holds above it: a false breakdown
It is currently below the previous low, so first watch whether it follows ① or ②.
#RAYSOL
This is just a market update. Please make your own trading decisions.
